Examlex
The primary monetary policy tool is reserve requirements.
Deflation
A decrease in the general price level of goods and services, often associated with a reduction in the supply of money or credit.
Annual Interest Rate
The percentage of interest that is charged or earned on an investment or loan on an annual basis.
Purchasing Power
Purchasing power denotes the value of currency expressed in the quantity of goods or services that one unit of money can buy, often related to the effects of inflation or deflation.
Inflation
The tempo at which the prevalent prices for goods and services swell, erasing buying effectiveness.
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